Is Virginia Beach, VA 23457 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Virginia Beach is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market

Sold above original list26.7%Share of sales, last 3 months

Median sale-to-list100.6%Sold price ÷ list price

Median days on market35Listing to accepted offer

Median price per sq ft$312▲ +6.1% vs. last year

Run the numbers for 23457

Prefilled for 23457Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23457Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Virginia Beach 23451Seller’s market $349 /sq ft Virginia Beach 23452Seller’s market $250 /sq ft Virginia Beach 23453Seller’s market $234 /sq ft Virginia Beach 23454Seller’s market $262 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology